The Group's principal activity is shipping of clean oil products, such as gasoline, jet fuel, naphtha and diesel oil through its tanker division. In addition, the Group's bulk division focuses on the Panamax and Handysize bulk carrier sectors, carrying various bulk commodities, principally grain, coal and iron ore. Operations are largely conducted through pooling arrangements with major ship owners, leaving the commercial management of the majority of these pools to the Group. The Group also operates a liner division and an offshore supply division.